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willingness to improve ties with china and south korea but he urged chinese leaders to use restraint over a territorial dispute involving islands japan controls in the east china sea. he said the use of force to change the current situation will accomplish nothing. the prime minister said he hopes to strengthen ties with russia by visiting the country later this year. he said the relationship has great potential. abe said it's unacceptable that north korean authorities went ahead with their recent nuclear test. he said he will work with other countries to deal harshly with them. the prime minister spent his first two months in office focused on jump starting the economy. he's betting his pick for the next bank of japan governor will push his agenda forward. haruhiko kuroda has been nominated as the nominee. he's president of the asian development bank. kuroda was once a senior finance ministry official. the 68-year-old has head of the adb since 2005. it approved by the diet, he will take over the boj post. the prime minister put forward the names of the two deputy governors. they are gaku
'll see where china takes us when they open over the next hour. the japanese government aims to double its consumption tax rate over the next year and a half but that will likely not be enough the turn around the country's finances and that's due to balloons social security and debt servicing costs. the finance ministry calculation suggest the government must cut spending if the budget deficit is to be reduced. the estimate shows tax revenue will surge to over $600 billion fiscal 2016. that will be the first year with a tax rate of 10%. the increase in tax revenue is estimated at more than $150 billion compared to fiscal 2012. expenditure is expected to soar by more than $150 billion by 2016. officials say the decline in corporate output has bottomed out. the quarterly report is released by the cabinet office. it says falling output of automobiles and components for smartphones has hit bottom thanks to recovering exports. the report also cites steady consumer spending led by strong sales of winter clothing in colder than average weather. it's the first time in more than ten years the cabin
sweat sweating the jpm program. but captain jamie dimon got that moby sucker. how about china? how about china? another reason we got crushed last week was china. aren't we petrified that china is stalled? break out the handbook here, and china stalled, that means commodities stalled, which means the strength is chimerical. i told you we want to listen to michael sutherland, the biggest pure play in mining equipment. he said china is coming on strong, a demand for commodities around the globe. another issue neutered by today's evidence. but isn't the consumer -- i got the whole litany, isn't the consumer tapped out by higher gasoline prices? by the end of the payroll tax holiday, by increased taxes for the rich. by the bad weather lately. i don't know, but our newly created gatsby index was on fire today. so were dollar stores. dollar tree, and great gatsby nick caraway. and how about the all-time high, home depot. three-point jump macy's moving up another buck and walmart continuing to run, despite endless attempts by bears portraying the company having a dim view of the future. somethi
in the u.s., quotes were double those from china, where 99% of u.s.-sold bicycles are made. > >after spending a considerable amount of time doing market research on the current coaster, kerr has some advice for other entrepreneurs as they venture into making their products thrive. "i think you gotta keep the dream. you gotta really remember what your vision is and be willing to adjust your vision as you learn more about your market, because it may not be what you thought in the first place." reporting for first business news, i'm ky sisson. for more information on the current coaster, check out: www.ridecurrent.com. coming up next, movies and money. why one film studio should be afraid at the box office, very afraid. the box office will be filled with fantasies for the next couple of weeks. erik childress, our movie guy, is here to explain that. good to have you back. > > thank you. > first off, "jack the giant slayer." this is a huge fantasy film. what do you expect? > > i expect warner brothers is going to be sweating a little this weekend. > why so? > > one, they are not having a
of your beer to china tomorrow. and i said, you have to stand in line. i have 17 countries that want that beer as well. we have a great market. it's not just local san francisco. it's about where we are in our place today. and that anchor and the world series giant and our port of san francisco are on the map. but they are the international hub for everything that happened. and when we make things in san francisco, and this is the real pitch. that we make it for the whole world. we just don't make it for local consumption. whether clothing or confection or food. everyone is asking what do you have made in san francisco. because we want it in china and india and japan and europe, all over the place. because it means quality. it means well-manufactured products. it means people that enjoy their craft and what they do. and it also means a lot of local people get a lot of jobs out of it as well. with this, i will go quickly to the samples. and enjoy the day properly. and if i can be joined by the cameramen and women, i am sure that the media will enjoy the samples as well. thank you very
of at least a portion of china basin park. you kept my name. because i think that it is important to have not just adjacentcy as a criteria for open space but also going along with the vertical development i think that it makes a much more attractive project if we could get at least a portion of that bay front park which really is the focus of this development build early, the second issue is the height. there has been a lot of discussion about how mission bay is squat and really ugly. with a maximum 160 foot high level. i am not saying that we should go back to the mission bay height because i agree it is squat. but the maximum range of 220 and 280 feet would be more acceptable and more in or more appropriate next to mission bay than the 320 to 380-foot levels. particularly on parcels a, and f. >> the third thing that we wanted to talk about is the original plan for pier 48 included quite a bit of publicly oriented space. public assembly space that was very much focused toward the water. and you know, 30 million dollars is a lot to spend on seismic up grades for public assemblies and i t
, the orders are strong. but you know what? they aren't as strong as they could be later this year if china keeps improving as we heard from joy global, competitor to c.a.t. i think china will get better, caterpillar could easily head back to 116 where it was last year before we heard they weakened. the story makes a ton of sense, don't look for c.a.t. to hold the dow back. next up, frank blank's home depot. that stock's responsible for the third biggest gain in the dow rallying nearly 276% for the bottom or 320% with the dividends. blake reinvented home depot or brought it back to its roots. in fact, we are only just now beginning to see the tail wind of the housing recovery impact home depot's earnings. boosting dividend, buying back stock like crazy. and i think it's just getting started which is why my charitable trust has such a big position in home depot. if we're only in the first inning of the housing recovery, as i think, building just 1 million homes this year when we might as well need 2 million, that's how -- there's a lot of demand. home depot has much more room to run. disney'
. they found the drugs in sydney hidden among cleaning products in a shipping container from southern china. police arrested three men they believe are a part of what they are calling a major international crime syndicate. >>> he was arrested over a parking violation now he's dead. >> did south african police really tie a cab driver to the back of a police van and drag him through the street? you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. a regular guy with an irregular heartbeat. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin, and made a monthly trip to the clinic to get his blood tested. but not anymore. bob's doctor recommended a different option: once-a-day xarelto®. xa
in the world with such a big flock. and as i say, who else rules a billion people other than the heads of china and india? >> a major, major news event for catholics and non-catholics alike. thanks very much. so, cynthia, tomorrow is the departure of benedict xvi, and then begins the discussions about who comes next. we'll be here. back to you. >> and our thanks to you, terry, and christiane. it's time now for our closing arguments. it's a case of wild airport rage caught on tape. a chinese official kicking walls and throwing computers at an airline check-in counter. while his temper tantrum is extreme, many can sympathize with his frustration. but is blowing your lid like this ever justified? you can weigh in on "nightline's" facebook page or tweet us. thank you for watching abc news. good night, america.
else rules 1 billion people, other than the heads of china and india? >> reporter: he's considered one of the greatest living theologian. always more comfortable with books than with crowds. that's where he will return. benedict will disappear from public view, dedicating himself entirely to prayer and meditation. >> he was not a great administrator. he was a teacher. he was a german professor. he was a man, an intellect on the level of one of the greats like hagel or plato. >> that was abc's nick schifrin in rome. after benedict says good-bye to the church's cardinals, he flies by helicopter to the papal retreat. he will offer a blessing from the balcony and then shut the door. in his own words, benedict will be hidden for the rest of his life. >>> and it is a very busy morning in rome. and our friends at "gma" are planning complete coverage of this historic day. keep it right here on abc news. >>> our other major story, is massive budget cuts set to begin in less than 24 hour ps. after weeks of warnings, president obama softened his tone about the cuts. instead of a fiscal cliff, the
más joven es juan antonio tagle, de etnia china que tiene 65 años, pero tagle tiene 54 años, falta un joven independiente, energético que entienda la profundidad del caos, del mar la tormenta que el barco está a la deriva y que hace falta reformar la iglesia. >>> pero no habrían otros que dirían lo contrario, que un papa mayro con más experiencia podría encaminar a la iglesia católica por el camino a muchos esperan. >>> el papa benedicto xvi que acdaba de renunciar, hay posibilidades que el cardenal arinze, un claudio hummas de brasil puedan hacerlo ,pero el papa benedicto xvi está diciendo otra cosa, una persona que se enfrente a la corrupc. >>> ; silencio, la inercia para decir vamos a salvaguardar la identidad de la iglesia. >>> pero eso lo entiende él, pero lo entienden los cardenales. >>> se discutió el nombre de sodano, pero el no lo entiende, él era uña y carne de marcial maciel, líder de los legionarios de cristo, ahora está la alternativa de sodano, el cardenal de viena, que choca violentamente con sodano, es el tipo, tiene 67 años, es centrista, es querido por
capacity of provocation. >> around 100 people are suffering from hiv and hepatitis c testing around china's ministry of health. demonstrators are demanding compensation over tainted blood transfusions in the 1990's. it affected -- it infected thousands. mexico's president says he will be working with the teachers union to improve the education system in the country. he is also promising not to interfere in the investigation against the union boss, who has been arrested and charged with embezzling $150 million from the union. >> the process that will follow is strictly legal. spotting to evidence of probable illicit movement and the concealing of resources from the national union of education workers. the resources of unions are of members, not of the directors. they should be used to the benefits of their workers. the action by the attorney general of the republic is in defense of teachers and their assets. >> she was seen as a hurdle in the president's have to education reform. as john reports, there were concerns over the timing of her arrest. >> the most powerful women in mexico has go
methamphetamine. they discovered almost 600 kilograms of the drugs hidden in a chemical shipment from china. the estimated read value is 350 million -- street value is 350 million euros. three arrests have been made. >> bayern munich fans are celebrating their team's victory. it was a long time coming. emmy bayern's second win over dortmund in the past three years -- only iron -- bayern's second win over dortmund in the past three years. >> bayern's top dogs could not have been more pleased. >> we played some perfect football. it does not get any better. >> a year and were the better team from the outset -- bayern were the better team from the outset. there was a score in the 43rd minute. the game's only goal. >> we just wanted to win. we wanted to show everyone what good form we are in. i think that is what we did. >> dortmund seemed to wake up in the second half of the game, but it was not enough to put bayern's lead in any danger. >> to beat bayern, you have to play good football for the entire 90 minutes. >> the victory was even sweeter since munich failed to win its last six games agai
, and if china is slowing, then they will have to react and stimulate. they have $1 trillion of u.s. assets which they can monetize to grow their economy so the bet is that china stimulates and you've got to own freeport. >> what stocks are on your watch list. >> real right now one of the ones you talked about, ibm and procter & gamble and also goldman sachs. we've seen leadership out of those names. there's hey lot of momentum in them. really the three key sectors. finance, consumers, and also on the industrial side. any language, any news from those companies that would break that trend would lead the market to begin to question its footing, and that might then appropriate tate something that, you know, would derail this rally so right now we're keying on those, basically looking for any indications that the trend is not holding intact. >> so why those names? is it because these are deep, liquid, multi-national names and why ibm, for example. >> well, really if you look at what businesses are spending on, not on a spending capacity. they are trying to push productivity and trying to enhance the
in china. of course, given what happened to the first can titanic," is it attempting fate to send a second one out to sea? palmer does not think so. >> one of the benefits of global warming has been, there isn't so many icebergs in the north atlantic these days. >> reporter: neither would the most famous survivor of all, molly brown. according to her great granddaughter, she would be first in line for a ticket. >> probably because she never finished the voyage. and she always loved to finish what she started. >> reporter: at least molly brown would recognize the place. although maybe not the ticket price. some of which may go for as much as $1 million for the best cabins on the first voyage of the second "titanic." john donvan, abc news, washington. >> a million? by the way, a first class ticket on the original "titanic" cost about $4,000, about $70,000 today. "nightline" later at 12:35 a.m. eastern. i'll see you again tomorrow. until then, good night. >>> tonight the i team paints a portrait of the man who killed twot santa cruz cops he's an exmarine and a convicted peeping tom. >> we ha
through the centuries, and rolls through the different countries, like china and japan, and then into the united states and korea, and wherever it rolls, it collects the cultural trappings of the various traditions, so that today - we'll do a little bit of that, because we'll go to the rather austere zen center and speak to a zen teacher. we'll also go to the tibetan buddhist center, and we'll also go to - where else will we go? we're going to go to a kuralan buddhist temple, and you'll see the diversity there. so it's picked up so many elements, but in essence, whoa, what an insight, and that's what i want to go through today. chris, did you have a comment? >> i was just going to say if any of you have read dr. scott peck; the road less traveled, and then i read that first, and then i read some more - i read the buddhist - basically, the buddhist bible, and then houston smith's - version of what buddhism is, and it sounds a lot like - and i think dr. scott peck saw - if you're ever watching him on tv and you've seen these segments, it seems like he picked up a lot from
this morning. tokyo rebounded along with the rest of asia. china pmi is out tonight. >> our road map this morning starts with what could be a record-setting day. as carl mentioned, the dow just 89 points away from its all-time high, sit a day away from the potential sequester cuts kicking n >> the bleeding continues at jc penney. sales down a whopping 28% from the holiday quarter. how much time does ron johnson have to turn things around in the stock down 40% since they took over? >> speak of bloodbaths, group reason shares taking a dive on its much, much wider quarterly loss. analysts not betting on the company being able to outage zohn amazon on its new strat joif selling goods. >>> we begin with the dow taking aim at record territory after a second consecutive triple digit gape. the blue chips now less than 20 points from their all-time closing high setback on october 9, 2007. the dow's intraday record high reached two days later, hitting 14,198. jim, it could be a very important day for the dow but a lot of people will say what's going on with the s & p 500, nasdaq and russell 2,
and pier 48 bounded by china basin channel and third street and mission rock street and san francisco bay and adjacent to at&t park. >> good afternoon, commissioners, phil williamson, the manager for 337 and pier 48. i just want to give you an overview of what you will hear over the next half hour and i am here to introduce the program and the first speaker will be mike martin from the office of workforce department and his office is rolling this project and i will talk you through and walk you through the components of the term sheet and johnson's turn to come up and talk about the financial components before concluding, and so with that i would like to introduce mike martin from the office of workforce development >> thank you very much, phil. good afternoon, commissioners, mike martin i'm development project manager in the office of economic and workforce development. i wanted to take a few seconds at the beginning of our presentation today to give a little bit of the broader city-wide context of the project. basically for kind of linear story telling reasons we want to start with the
be facing an innovation crisis, much more profund than simply needing a new device. >>> apparently china is partly to blame. find out why at cnbc.com. 75, ross? >> why stop there? right? i mean, keep going is what i say. the wait is over for one of india's more highly anticipated budgets. we'll be going over to mumbai right after this. >>> with the threat of a credit downgrade hanging over him, india's finance minister has pulled the wraps off a new budget saying changes have to be made. he ames to trim the deficit and raise tax on top income earners and having profits on large companies. but the budget boosts spending by 16% in a bid to boost growth. rindell has more from us live from mumbai. hi, rema. >> hi. thanks so much for that. largely, the union budget this time around has turned out to be a nonevent. in context to global markets, for this time around, the budget is not in -- including any big reformist ideas. why would their expectations that there could be? it's presented by what was called the dream budget. expectations were running high and markets were betting on the man to
in china and the ship could set sail in 2015. almost an exact replica but meeting current requirements. 40,000 people have expressed interest taking the maiden voyage from england to new york. the unthinkable ship hit an iceberg and sank in 1912, only 700 of the 2200 on board survived. he says this will be safer for two reasons. a lot of lifeboats, and one of the benefits of global warming is there hasn't been as many as icebergs in the atlantic. why would you want to travel on one boat inspired the greatest disaster of all time? take a plane. that is it for tonight's "the willis report." thank you for joining us. dvr the show if you cannot catch it live. have a great night. >> good evening, everybody. the deadline for sequestration has already moved until sometime friday when the president will sign the order. adding another day to the president's campaign on the impact of the potential sequester and the president's personal political organization organizing for america spending out across america to dozens of cities and spreading his message of fear and despair. obama supporters and unio
and then took them to a zoo. china workers rescued a guy. buried in a mudslide. crews used excavator and dug through debris with their hand to free the man. is he reportedly okay. peru, a volcano in the south triggered hundreds of small earthquakes that damaged or destroyed dozens of homes. scientists say that at times the smoking crater has caused some 20 quakes an hour. cuba, the 15th annual cigar festival in havana. 1500 people came from 70 countries to check out cigar rolling, auction and tobacco infused cooking. of course, washington's 1962 embargo of cubans export of the stogies to the united states. and that's a wrap on this fox trip around the world in 80 seconds. a former who faced foreclosure had an even bigger problem on his hands what to do with his half ton pig. his pet. tonight there is word on the fate of around the hog. plus, tens of thousands of dollars in tuition but no degree to show for it. stunning new numbers tonight on how many college students are just calling it quits. 700 megahertz spectrum, end-to-end, pure lte build. moe most consistent speeds indoors or out. and,
with the case. >>> then there's this. officials in china say a woman in beijing had an idea to get a seat on the subway. she bought a fake stomach, made out of silicone to make herself look pregnant. her plan fell apart when her stomach did. when the belt on her disguise came lose, the woman says she was found out and mocked by other passengers but she did not slink away in shame. she filed complaints with the company that made the fake stomach. with the complaint bureau. the official says she didn't use the product as directed. now let's look at the dow. up all day. all the day, since like 11:15, and now in the tank. i don't get it. still, it's near record highs and there's great news all around. whatever causeds the end of the day thing i don't know. i blame everything on jerry captioned by closed captioning services inc. >> neil: if you are the company you keep, why does it seem the president is surrounded by creeps? forget sequester, i'm beginning to think sinister. the kind of beaver that if the media caught a republican administration pulling they'd right by be screaming. this admin
on facts apparently, concerning childhood obesity. in the '70s, it was ping-pong diplomacy with china. in 2013, basketball, north korea and a guy famous for wearing a wedding dress. we'll explain all of that in the grapevine next. dad, i'd put that down. ah. 4g, huh? verizon 4g lte. 700 megahertz spectrum, end-to-end, pure lte build. moe most consistent speeds indoors or out. and, obviously, astonishing throughput. obviously... you know how fast our home wifi is? yeah. this is basically just as fast. oh. and verizon's got more fast lte coverage than all other networks combined. oh, why didn't you just say that? huh-- what is he doing? ♪ your finances can't manage themselves, but that doesn't mean they won't try. bring all your finances together with the help of the one person who can, a certified financial planner professional. cfp -- let's make a plan. >> bret: now fresh pickings from the palestinian cat grapevine. the sequester isn't the only story where the white house is being challenged on the facts. the "weekly standard" is questioning the first lady's claims about the success
.s., britain, france, russia and china plus germany-- was catherine ashton of the european union. >> i hope that the iranian side are looking positively on the proposals that we've put forward. we work extremely hard in a very considered manner collectively on behalf of the united nations security council who mandate us to do so in order to try and get >> warner: far from almaty, secretary of state kerry said in paris that the talks had been useful, but he also reiterated the u.s. position. >> iran knows what it needs to do. the president has made clear his determination to implement his policy that iran will not have a nuclear weapon. >> warner: and in jerusalem, israeli prime minister benjamin netanyahu called again for the threat of military measures. >> i believe that this requires the international community to ratchet up its sanctions and make clear that if this continues there will be also a credible military sanction. i think no other means will make iran obey the wishes of the international community. >> warner: iran insists its nuclear program is for peaceful energy production, no
so you'll watch that. you want to watch the situation in china because they have been withdrawing banking reserves as we've seen. >> this has been your theme for a while, the deterioration of growth and earnings in this country. >> yes. >> it goes along with our regular u.s. equity strategist adam parker, and he's basically looking for earnings to be lower this year than last year so coming in about $98, down 1.5% to 2%. the reason is financials, he's much less sanguine and optimistic and also the consumer. financial, consumer staples and consumer -- consumer discretionary are the ones that basically are underweight. we're overweight industrials, maria, and overweight health care. we still like those. >> look at the market. we are losing this fast. we are off about 16 points on the dow jones industrial average, well off the highs. matt, you're there on the floor. we understand there are some sell imbalances because of the rebalance going on. what can you tell us in terms of what's going on right now and what you're expecting in the close? >> i'm not surprised we're flat on the day
to have to stand up after russia and china has used the drone against a dissident in a country in the state department will have to explain why that was and that it extremely important for our government and the executive branch to lay down is precisely clear rules for the use of drones. >> wouldn't it be the case that china or someone, the we would condemn that out of hand? that we wouldn't say that this one is okay, that one wasn't? >> if they were being attacked -- >> we are judging the impact at one point. >> is somewhere posing imminent threats to russia in the country they were in was unwilling or unable to prevent that threat, i think we would have to acknowledge the right to defend. >> something that john bellinger said. you need to process this. i do not understand. i don't understand how unilateral determination without any judicial involvement can be considered in any form. let me ask the following question. you said that we can attack a senior operational terrorist posing an imminent threat consistent with the laws of war. i do not understand why we need a senior op
that if russia or china or someone were doing what mr. cole posits, we would condemn that out of hand? we would not say this trend strike was ok and that one was not. >> if russia or china were being attacked by a terrorist group that was indisputably producing -- posing imminent threat. >> the chechens attacked them at one point. >> if they were in another country posing imminent threats to russia and the country they were in was unable to prevent that threat, i think we would have to acknowledge rushers right to defend itself. >> mr. bellinger and said we need to process. not judicial process. i do not understand how the determination by an executive branch official without any judicial involvement can be considered to process. the white paper says we can attack a senior operational terrorist posing an imminent right consistent with laws of war. i do not understand why we need a senior operational terrorist. like this the have to pose an imminent threat? the analysis is different. either this person is an enemy combatants or he is not. if he is not an enemy combatant, he is subject to normal
like china? or what about bankrolling tax tv? the i.r.s. spends $4 million of our tax dollars every year to run its very own full-service television studio. instead of raising taxes, let's get serious about cutting waste. the house has acted to replace the sequester with commonsense cuts and reforms. it's time to see a serious plan from the president. i yield back. the speaker pro tempore: the gentlewoman yields back. for what purpose does the gentleman from washington seek recognition? without objection. >> mr. speaker, it's a beautiful day back in my hometown of olympia, washington. of course it's raining cats and dogs, but that's what passes for beauty in our corner of the world. it's a beautiful day at the national wildlife refuge near olympia and it's a beautiful day at mount rain ear national park which you can see from mie my neighborhood. but, mr. speaker, if we -- see from my neighborhood. but, mr. speaker, if we don't replace sequestration, i'm worried about how many more beautiful days there are ahead. if we don't replace sequestration, then some of the $7 -- 7.5 million
on them. >> and return it if you don't like it. >> going to fine china. if you're one of those people that never got your full set and want to complete your china set. >> september is a good time for china deals. dinnerwe dinnerweardepot is good and replacemen replacement.com. you have a set, broke one dish and you can find its match and find wholesale sets for deep discounts. >> if you're looking for one wineglass, you can fill in. >> you have seven and need eight. >> vacuum cleaners, last but not least. these can be a couple hunded dollars for really good ones. >> these are really big items. the best time to buy, this is the time to check the big home stores with in-house coupons, bed, bath and beyond. kohl's are good. april and may are good. june models of vacuum cleaners come out. like cars, get the vacuums before the new models come out. april and may. >> a sarah peterson, thank you. >> would you let someone pay you to name their baby? coming un, the news and weather. >>> good morning to you. it is 8:56. i'm marla tellez. meteorologist christina loren tracking a very nice forecas
regulations. >>> and china pulling out the old, well, they did it first argument, saying the u.s. hacked its military web site thousands of times per month. good. earlier this month we reported a secret group linked to china's military hacked several american web sites. now this. >> gretchen: they called it the hanoi hilton, sarcastically. a miserable prison in north vietnam where american soldiers were held during the vietnam war. it was a place of torture and solitary confinement. in many cases a tiny window like this was a prisoner area only window to the world. even on their darkest days, our american soldiers still found a way to keep the faith. they communicated with each other using a top secret code that could be tapped on the walls. they shared words, phrases, and even poetry. retired air force major general john borling spent 6 1/2 years locked in the prison. he didn't see his daughter until she was 7 1/2. his commitment to his country never changed. now he's the author of "taps on the walls, homes from the hanoi hilton" and he's any guest. good to see you. >> pleased to be with yo
that outsource companies to china or india. they would no longer be able to claim tax deductions for doing so . our plan would stop wasteful subsidies to farmers, some of whom don't even farm anymore. mr. president, there are some farmers who grew rice decades ago who now have subbriggses on their old -- subdivisions on their old rice patties, or strip malls. they can still get payments from the federal government for growing rice they don't grow. that -- chairman stabenow has led the efforts to mik make sure that won't happen anymore. that's part of our legislation. and that would help reduce -- and it would ask the wealthiest among us -- for example, mr. president, if you make $5 million a year, our legislation would say, if you make $5 million a year, you have to pay a minimum of 30% in taxes. i don't think that's too outrageous. it's called the buffett rule because this multibillionaire said that he should pay as much in taxes as his secretary. which he doesn't. and this legislation would make it more fair in that regard. almost 60% of republicans around the country, mr. president, favor
. that's coming up next for you. [ male announcer ] how can power conmption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. stuart: an hour ago we thought maybe we'd make a run at the new record high, but we're dead flat. we are up a point. that's all we've got so far. but barnes & noble -- i'm not sure -- it's up. this stock is up. significantly so. nicole, we always want to know why. nicole: right. so it seems that they are obviously having some talks. they are talking about e-book sales, which actually are not good news, fell 26% in the latest quarter. we're seeing the stock higher, which doesn't necessarily make sense, but it does seem that they are moving forward with a pl
moved to china. after much backlash the group deleted the comment and apologized. judd herself tweeted attacks or comments on anyone's ethnicity are wrong and patently unacceptable. >> karl rove's stupid ad made ashley judd hot now everybody's talking about her. now he does make a point. we are talking about her. tomorrow she'll be in d.c. which, of course means more talks. >>> a new study could change the way doctors treat psychiatric disorders. we'll look at five well known conditions and how they may be linked to one another. >>> ahead, a portrait of john [ male announcer ] here's a word you should keep in mind. unbiased. some brokerage firms are. but way too many aren't. why? because selling their funds makes them more money. which makes you wonder -- isn't that a conflict? search "proprietary mutual funds." yikes! then go to e-trade. we've got over 8,000 mutual funds and not one of them has our name on it. we're in the business of finding the right investments for you. e-trade. less for us. more for you. the fund's prospectus contains its inve
around minnesota visiting 30 different businesses, saw warehouses full of crates that said ship to china and saw in our state where we are down to 5.5 unemployment. what we are seeing with this private sector job growth which is based on exports in our state as well as a skilled work force. these are positive signs but there is more to be done. there are still more than 1 million americans out of work and there is no question we have much more work to do. our focus needs to be on policies that create job creation in the short term while laying ground for prosperity in the long term. if we've learned anything over the last few years, thates america can no longer be a country that churns money. our financial industry is important but it can't be the basis of our economy. we need to make things and export to the world which we need to work to bring our country back to the brass tacks of invasion ond entrepreneurship. i come from a state, i will try not to mention my state too much if you don't mention texas too much. but my state brought the world everything from the peacemaker to the post
-pong diplomacy and the u.s.-china relations, that was a bridge. maybe this will do something. did you get clearance? did you ask the state department, the obama administration for a green light before you went? >> no, we did not. we put it together ourselves. i had had some contact from my trips over there. they then sent it here to the united nations delegation and their team here. we worked a lot with them. they came out to our offices. we ran through the whole program with them and, you know, we actually didn't really know, you know, if we were all going to get in until we got to beijing. so it was is a sort of last minute -- not last minute but we didn't really know until the last minute. >> with all due respect, dennis rodman was a great, great player for the chicago bulls and we love the harlem globetrotters. there's only one thing, if michael jordan himself would have gone, that would have blown out the entire place over there, i can assure you. don't you agree? >> 100%. michael jordan is a god, the greatest player that ever played the game but he's a huge god in north korea. micha
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